Business matching webinar between Sarawak, Western Australia for investment opportunities

Awang Tengah (centre) delivers his speech while former Assistant Minister (International Trade and Industry, Industrial Terminal and Entrepreneur Development) Datuk Mohd Naroden Majais (left) and the ministry's acting permanent secretary Dzulkornain Masron look on.

KUCHING, March 1: The Economic Planning Unit Sarawak and the Consulate-General of Malaysia in Perth supported by Malaysian Investment Development Authority, Sydney and the Australia Malaysia Business Chamber Western Australia (AMBCWA) had held a business matching webinar to encourage trade and investment opportunities in Sarawak and Western Australia.

The webinar had attracted 153 participants from Sarawak, West Malaysia, Singapore, Sydney and Western Australia.

The session focused on three main areas, namely Information Technology and Cyber Security; Renewable Energy, Hydrogen and Climate Solution; and Agriculture, Food and Timber Industries.

Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan when delivering his speech during the webinar encouraged companies from Western Australia to collaborate with the private sector in Sarawak to unlock these opportunities.

He took note that Sarawak has recorded a total trade worth RM3.4 billion with Australia last year.

“Our aspiration is for Sarawak to be a thriving society where everyone enjoys economic prosperity, social inclusivity and sustainable environment driven by data and innovation by 2030.

“Sarawak is very stable with business-friendly policies and efficient civil service. We also have young, trainable and English-speaking workforce,” he said at the Business Matching Webinar 2022: Trade and Investment Opportunities in Sarawak and Western Australia held via Zoom yesterday (Feb 28).

The webinar was a follow-up from the Sarawak Western Australia Market Research Report launched on Nov 18, 2020 by Awang Tengah who is also the Minister for International Trade, Industry and Investment and Minister for Urban Development and Natural Resources II.

The Sarawak Market Research Report was produced independently by 7 Point 8 Sdn Bhd in accordance with an agreement between the Australia Malaysia Business Chamber WA (AMBCWA) and 7 Point 8.

Meanwhile, Deputy Premier of Western Australia Roger Cook MLA who is also the Minister for State Development, Jobs and Trade, Tourism, Commerce and Science said the business event aimed to deepen trade, investment linkages, and build strong partnership between Sarawak and Australia.

“This will enable both parties to harness opportunities in information technology and cyber security, renewable energy, hydrogen and climate solution, agriculture, food and other complimentary industries,” he said. — DayakDaily